---
title: "Cannabis Suisse 10-Q: Revenue $0, EPS $0.00 — Quarterly results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283384950.md"
description: "Cannabis Suisse reported zero rental revenue for the quarter following the termination of its sole sub-lease, resulting in a net income of $26,908 ($0.00 per share) for the three months. The company experienced a gross profit of $144 and an operating loss of $(69,394). Management highlighted going-concern risk and plans to rely on CEO advances and external investments to fund operations. The company has shifted focus to real estate operations since June 2022, ceasing cannabis operations and facing challenges due to the loss of its primary revenue channel."
datetime: "2026-04-20T16:51:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283384950.md)
  - [en](https://longbridge.com/en/news/283384950.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283384950.md)
---

# Cannabis Suisse 10-Q: Revenue $0, EPS $0.00 — Quarterly results

Cannabis Suisse reported zero rental revenue for the quarter after its sole sub-lease terminated, with net income of $26,908 ($0.00 per share) for the three months and $63,207 ($0.00 per share) for the nine months. Gross profit was nominal at $144 for the quarter and $432 year-to-date, while operating loss widened to $(69,394) for the quarter and $(228,909) for the nine months due to professional and general administrative expenses. Management notes going-concern risk and plans to rely on CEO advances, external investment and limited rental activity to fund ongoing operations.

**Financial Highlights**

-   **Revenue (Rental income)**: $0 for the quarter (prior three/ nine months: $7,500 / $22,500).
-   **Gross Profit**: $144 (three months) and $432 (nine months).
-   **Operating Loss (Operating Income)**: $(69,394) (three months) and $(228,909) (nine months).
-   **Net Income (Loss)**: $26,908 (three months) and $63,207 (nine months); improvement versus prior-year nine months $(500,509).
-   **Net Income Per Share**: $0.00 basic and diluted (three months) and $0.00 basic and diluted (nine months); prior nine months diluted $(0.01).

**Business Highlights**

-   **Revenue trend**: Recurring rental revenue ceased after the sole sub-lease transitioned to month-to-month in March 2024 and terminated on February 28, 2025.
-   **Operational focus**: Since June 2022 the company has pivoted to real estate operations and no longer maintains cannabis operations.
-   **Lease activity**: The termination of the primary sub-lease removed the company's main operating revenue channel.
-   **Cost management**: Operating expenses remained relatively stable year-over-year, with lower professional fees helping reduce expense pressure.
-   **Liquidity outlook & plan**: Management cites going-concern risk and intends to rely on CEO advances, external investments and limited rental activity to sustain operations.

Original SEC Filing: CANNABIS SUISSE CORP. \[ CSUI \] - 10-Q - Apr. 20, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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